Forbes & Company Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 804.6 million compared with INR 651.3 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 32.6 million compared with INR 65.9 million for the same period a year ago. Loss from ordinary activities before tax was INR 123.6 million compared with profit from ordinary activities before tax of INR 33.0 million for the same period a year ago. Net loss was INR 90.2 million or INR 6.99 per basic and diluted share compared with net profit of INR 33.0 million or INR 2.56 per basic and diluted share for the same period a year ago. For the nine months, the company reported net sales of INR 1,974.9 million compared with INR 1,899.1 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 7.7 million compared with INR 79.4 million for the same period a year ago. Profit from ordinary activities before tax was INR 434.3 million compared with loss from ordinary activities before tax of INR 0.7 million for the same period a year ago. Net profit was INR 387.7 million or INR 30.06 per basic and diluted share compared with net loss of INR 0.7 million or INR 0.06 per basic and diluted share for the same period a year ago.

Forbes & Company Ltd, Board Meeting, Jan 30, 2013. Agenda: To approve unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012.

Forbes & Company Ltd. reported unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company's net sales/income from operations was INR 0.5673 million compared with INR 0.6144 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.681 million compared with profit from operations before other income, finance cost and exceptional items of INR 0.207 million a year ago. Loss from ordinary activities before tax was INR 0.643 million compared with profit from ordinary activities before tax of INR 0.2 million a year ago. Net loss for the period was INR 0.483 million or INR 3.74 per basic and diluted share compared with net profit for the period of INR 0.2 million or INR 0.02 per basic and diluted share a year ago.   For the six months, the company's net sales/income from operations was INR 1.1703 million compared with INR 1.2478 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.312 million compared with profit from operations before other income, finance cost and exceptional items of INR 0.128 million a year ago. Profit from ordinary activities before tax was INR 5.579 million compared with loss from ordinary activities before tax of INR 0.337 million a year ago. Net profit for the period was INR 4.779 million or INR 37.05 per basic and diluted share compared with net loss for the period of INR 0.337 million or INR 2.62 per basic and diluted share a year ago.